I have a Supplier, who also from time to time can be a customer.
Currently, I have an invoice for them and I also have many different bills from them.
How do I pay them once for the bills (less the invoice) and assign both the bills and the invoice (as being paid) in MYOB?
Hi Earl, Thanks for your response. There was no payment for the invoice, it was reflected in our bills on a monthly statement. How do I record this in MYOB as my bills are also linked to jobs.
Hi wolf4eva,
Thanks for clarifying. If there was no actual payment and the invoice was simply offset against your supplier’s monthly statement, you’ll still need to record it as a contra payment in MYOB. If you're unsure on how to do this, we'd recommend you to reach out to an accountant for an accurate process.
Regards,
Earl
Hi wolf4eva,
Thanks for posting. You can set up two separate contact records for anyone who is both a customer and a supplier, one as a customer and one as a supplier, so you can record payments and receipts as usual. More information here: Dealing with a supplier who is also a customer
Regards,
Earl
